A company of closures is a notary, as it is usually called in Latin America, where people notarizan documents such as deeds of houses, wills or any other document. In these companies people working closures processors, receive the history of title to the property is going to refinance or sell. Robert J. Shiller brings even more insight to the discussion. Discusses how many loans there is in it, which should be paid and in addition are the judgments that are in the House, and which in turn should also be removed or cancelled from the title to be able to perform any refinancing or sale of the House. Many times are loans or trials that belong to previous owners and have simply not been registered or not found in previous searches; in these cases contact previous companies and ask for a certificate of satisfaction or proof of payment processors and it is registered at the Court of each city to which belongs the House. All these problems must be solved before a refinancing or sale, because when you add loans to the houses or buying a home used, this must be clean of problems in the title. For this reason it is very important companies of closures do well his work, because this will determine the State of the history of the property. If for some reason the companies of closures not realize a problem in the title, the famous insurance of title will have to come into action and pay for everything what is owed or solve the problem occurring.

Why is very important to obtain this insurance, which protects the loan occurred in purchases and also to the owner of the House. It is also very important when is this refinancing and are known to be some judgment or debt, let you know the processor, since they are experts in solving these problems and to make more easy and fast process. If there is any doubt in any contract, locks companies are willing to help you at all times and the important thing is that they have the knowledge and sufficient training to guide you. Company closures is independent to the company’s loans to banks or entities that lend money; precisely for this reason it is more objective in finding problems that could jeopardize the owners of properties and our mission is to explain to you the documents you signed at the time of the closing. Obviously the loan officer has already because you have explained the programme of the loan in terms of interest, penalties, fees, etc. So the next time you decide to buy or refinance a property and have questions on how to add or exclude someone from the title, or questions in general, don’t forget to advise well with processors of title or agents of closures that they will be willing to help them.

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